Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

HK-Listed Apparel & Footwear Screener April 2026: 12 Stock Universe With Average ~8% Yield

HK-Listed Apparel & Footwear Screener May 2026: 12 Stock Universe With Average ~8.6% Yield

JNBY FY25 Results (3306 HK): 9.8x PE, >7% Dividend Yield, Maintaining A >40% ROCE

HK-Listed Apparel & Footwear Screener Oct 2025: HK Meetings With JNBY, Leverstyle, and Nameson

HK-Listed Apparel & Footwear Screener Feb 2026: Lever Style Results And Business Outlook Encouraging

HK-Listed Apparel & Footwear Screener Jan 2026: Stella (1836 HK) Telegraphing A Better FY26 Outlook

HK-Listed Apparel & Footwear Screener December 2025: Top Picks For FY26

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

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<li>
<a href="https://www.smartkarma.com/entities/jnby-design-ltd" target="_blank" data-smartkarma-citation="entities:23642:1" rel="noopener">JNBY Design Ltd (3306 HK)</a>  delivered a strong set of H1 FY2026 results with double-digit growth across key profitability metrics.Revenue grew 7.0% YoY to RMB3,375.9mn,profit rose 11.9% to RMB676.0mn</li>
<li>Online revenues jumped +25.1% YoY to RMB753.3mn, now accounting for 22.3% of total revenue (up from 19.1%), with gross profit margin expansion of 160 bps to 65.8%.  </li>
<li>With a 10x multiple, a dividend yield of 7%, and ROCE ~40%, we see upside earnings surprise risk from its conservative single-digit growth guidance.</li>
</ul>



JNBY Design Ltd (3306 HK)  delivered a strong set of H1 FY2026 results with double-digit growth across key profitability metrics.Revenue grew 7.0% YoY to RMB3,375.9mn,profit rose 11.9% to RMB676.0mn
Online revenues jumped +25.1% YoY to RMB753.3mn, now accounting for 22.3% of total revenue (up from 19.1%), with gross profit margin expansion of 160 bps to 65.8%.  
With a 10x multiple, a dividend yield of 7%, and ROCE ~40%, we see upside earnings surprise risk from its conservative single-digit growth guidance.


JNBYデザイン・リミテッド（3306 HK）2026年度上半期決算発表 — オンライン売上の急増と利益率の拡大で勢いづく